In recent trading session, Rumble Inc (NASDAQ:RUM) saw 1.21 million shares changing hands at last check today with its beta currently measuring 0.50. Company’s recent per share price level of $10.87 trading at -$0.51 or -4.51% at last check today assigns it a market valuation of $6.62B. That most recent trading price of RUM’s stock is at a discount of -60.07% from its 52-week high price of $17.40 and is indicating a premium of 54.74% from its 52-week low price of $4.92.
For Rumble Inc (RUM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
Rumble Inc (NASDAQ:RUM) trade information
Upright in the red during last session for losing -4.51%, in the last five days RUM remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $10.87 price level, adding 10.53% to its value on the day. Rumble Inc’s shares saw a change of -16.48% in year-to-date performance and have moved 0.71% in past 5-day. Rumble Inc (NASDAQ:RUM) showed a performance of -15.44% in past 30-days.
Wall Street analysts have assigned a consensus price target of 15 to the stock, which implies a rise of 27.53% to its recent value today. Analysts have been projecting 15 as a low price target for the stock while placing it at a high target of 15. It follows that stock’s current price would drop -37.99% in reaching the projected high whereas dropping to the targeted low would mean a loss of -37.99% for stock’s current value.
Rumble Inc (RUM) estimates and forecasts
This year revenue growth is estimated to rise 17.35% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 29.73M for the same. And 3 analysts are in estimates of company making revenue of 25.08M in the next quarter. Company posted 20.39M and 17.73M of sales in current and next quarters respectively a year earlier. In 2025, company’s earnings growth rate is likely to be around -6.90% while estimates for its earnings growth in next 5 years are of 33.14%.
Rumble Inc (NASDAQ:RUM)’s Major holders
AUSTIN PRIVATE WEALTH, LLC is the top institutional holder at RUM for having 34.0 million shares of worth $19.0. And as of 2024-06-30, it was holding 16.6592 of the company’s outstanding shares.
The second largest institutional holder is CANTOR FITZGERALD, L. P., which was holding about 9.33 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.6191 of outstanding shares, having a total worth of $44.01 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 2.89 shares of worth $31.09 million or 2.43% of the total outstanding shares. The later fund manager was in possession of 2.07 shares on Sep 30, 2024, making its stake of worth around $22.22 million in the company or a holder of 1.74% of company’s stock.
